State Debt Rises by N94.79bn in Three Months
Nigeria's 36 states and FCT saw domestic debt rise to N3.96tn in Q2 2025. Experts warn of a structural crisis as debt servicing eats into funds for health and education. Read the full analysis.
Category : Search result: fiscal deficit funding
Zulum Presents 2026 Borno Budget to State Assembly
Borno Governor Babagana Zulum presents the 2026 budget proposals to the State Assembly, setting fiscal priorities with a focus on education and healthcare. Stakeholders urged to attend.
Tax Reforms on Track for January 1 Implementation
The Federal Government confirms Nigeria's major tax reform laws will take effect as scheduled on January 1, 2026. The changes promise relief for 98% of workers and 97% of small businesses. Get the full details.
Why House Repealed 2024, 2025 Budget Acts - Agbese
The House of Representatives has clarified its repeal of the 2024 and 2025 Appropriation Acts, aiming to align Nigeria's budget with global standards and end multiple budgets by 2026. Read the full details.
Reps Explain Repeal of 2024, 2025 Budget Acts
The House of Representatives clarifies the repeal of the 2024 and 2025 Appropriation Acts, aiming for a single national budget by April 2026 to enhance transparency and fiscal discipline. Learn about the reforms.
LCCI: N15.52tr Debt Service a Huge Fiscal Burden
LCCI warns Nigeria's N15.52 trillion debt service allocation threatens economic stability. DG Chinyere Almona calls for stricter borrowing, revenue mobilisation. Read the full analysis.
January Tax Reforms Face Uncertainty Over Alteration Claims
Nigeria's planned January tax reforms face mounting opposition from lawmakers, labour, and civil society over allegations of unauthorised alterations. Calls grow for suspension pending investigation. Read more.
Senate Passes N58.47trn 2026 Budget, Revises 2024-25 Plans
Nigeria's National Assembly passes N58.47 trillion 2026 budget, approves revised N43.56trn and N48.31trn for 2024 and 2025, extending capital implementation to March 2026. Read the full details.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
House Passes Revised N43.56tr, N48.31tr Budgets
Nigeria's House of Representatives approves revised 2024 and 2025 budgets, extending capital spending to March 2026. Key details on allocations and fiscal reforms inside.
House Passes Revised 2024, 2025 Budgets
Nigeria's House of Representatives approves revised N43.56tr 2024 and N48.31tr 2025 budgets, extending capital implementation to March 2026. Read the full breakdown of allocations and fiscal reforms.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
Presidency Denies Discrepancies in New Tax Laws
The Presidency has dismissed claims of alterations in the new tax laws signed by Tinubu. Taiwo Oyedele calls reports 'false and misleading' as controversy grows ahead of the January 2026 implementation.
ADC: 2026 Budget Built on Quicksand, More Debt
The African Democratic Congress (ADC) criticizes Tinubu's 2026 budget proposal, calling it fiscally reckless and a debt trap that mortgages Nigeria's future. Read their full analysis.
Tax Reforms Delay Will Keep 98% of Workers Overtaxed - Oyedele
Taiwo Oyedele warns that failure to implement new tax laws by January 1, 2026, will leave 98% of Nigerian workers overtaxed. He urges targeted amendments, not suspension.
Fiscal Indiscipline Fuels Nigeria's Budget Chaos
President Tinubu pushes non-performing budgets as weak parliament enables fiscal rascality. Analysis reveals alarming gaps in governance and unrealistic revenue targets. Read more.
Developer Urges Coordinated Approach on Housing Challenge
TAF Africa Global's MD, Mustapha Njie, advocates for government incentives and mortgage expansion to address Nigeria's housing crisis during the commissioning of 1,000 homes in Port Harcourt.
Tinubu Cuts 2025 Budget, Presents N58.18tr 2026 Plan
President Tinubu moves to slash 2025 budget by over N6 trillion, presents N58.18 trillion 2026 estimates, and declares armed non-state actors as terrorists. Details on fiscal reforms and security measures.
Delta IGR up 90%, Hits N158bn Under Oborevwori
Governor Sheriff Oborevwori reports a 90% IGR surge to N158bn, zero borrowing for major projects, and outlines Delta's infrastructure transformation. Read the full story.
Lawmakers Must Revisit Beverage Excise Bill, Experts Warn
Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.
Sanwo-Olu: Collaboration Key to Bridging Lagos Housing Deficit
Governor Babajide Sanwo-Olu says strong government-private sector collaboration is critical for affordable housing in Lagos. Learn about the state's strategy.
US Appeals Harvard Funding Ruling in Legal Battle
The Trump administration appeals a court order to release $2.7 billion in frozen research funds to Harvard University. Get the latest on this major legal and education funding battle.
NASS Vows Strict Scrutiny of 2026 Budget Proposal
The National Assembly promises strict oversight of the 2026 budget, using lessons from 2025's challenges. Speaker Abbas calls for fiscal realism and a single budget framework. Read more.
Trump Appeals Order to Restore Harvard Funds
The Trump administration appeals a federal judge's decision to restore billions in funding to Harvard University. The legal battle continues over allegations of antisemitism and bias.
Tinubu: Nigeria to end multiple budgeting by March 2026
President Bola Tinubu announces Nigeria will terminate its multiple budget practice by March 31, 2026, shifting to a single, transparent annual budget system to curb abandoned projects.
Tinubu: Nigeria to end multiple budgets by March 2026
President Bola Tinubu announces Nigeria will terminate its multiple budgeting practice by March 31, 2026, shifting to a single, revenue-driven annual budget to curb abandoned projects.
Tinubu Seeks Extension of 2025 Budget to March 2026
President Bola Tinubu requests National Assembly approval to extend the 2025 budget to March 2026, aiming for full 30% capital release to MDAs. Read the details of the fiscal reforms.
French Budget Fails, Political Gridlock Worsens
French lawmakers fail to agree on 2026 budget, deepening political crisis. Prime Minister Lecornu faces setback as deficit concerns grow. Read the full analysis.
Controversy Hounds Nigeria's 2026 Tax Reform Implementation
Nigeria's ambitious tax reforms set for January 2026 face fierce opposition over alleged post-passage alterations, constitutional breaches, and public mistrust. Will the promises hold?
Reps, Senate Differ on 2026 Oil Benchmark in MTEF
The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.
Page 1 of 4